Negotiators in the EU are reportedly considering additional restrictions for large AI models – like OpenAI’s GPT-4- as a component of the forthcoming AI Act.
Meta refutes claims of copyright infringement in AI training
In a lawsuit against Sarah Silverman and other authors Meta claims its AI system does not create copyright infringing material.
Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more
This week’s Crypto Biz looks at PayPal’s crypto gateway, Franklin Templeton’s BTC ETF filing, Coinbase’s Lightning Network integration, and Meta’s plans for a new AI model.
Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO
While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused on building, says Yuga Labs CEO Daniel Alegre.
Meta is building AI model to rival OpenAI’s most powerful system
Meta is reportedly in the process of building a new, more powerful and open-source AI model to rival the most powerful systems of its rival OpenAI.
Scientists created ‘OpinionGPT’ to explore explicit human bias — and you can test it for yourself
Due to the nature of the model’s tuning data, it’s unclear whether this system is actually capable of generating outputs showing real-world bias.
Meta’s assault on privacy should serve as a warning against AI
Facebook was the worst thing to happen to user privacy over the last two decades. Artificial intelligence could be the worst thing to happen in the days ahead.
Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech-giant Baidu said that since China’s new AI regulations have been in place over 70 AI models have been released in China with over 1 billion parameters.
Meta launches community-licensed AI coding tool to the public
Code Llama is available for both personal and business use under the Llama2 community license agreement.
Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion
A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.
Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams.
Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding
The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total.
India House passes bill to ease Big Tech data compliance
The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for Big Tech companies.
Meta launches suite of generative AI music tools rivaling Google’s MusicLM
Meta’s latest suite of generative AI tools allows users to input text to create musical and audio compositions, rivaling a similar tool released this year by Google.
Alibaba releases two open-sourced AI models to rival Meta’s Llama 2
The Chinese tech and e-commerce giant Alibaba revealed two new open-sourced AI models, Qwen-7B and Qwen-7B-Chat, to rival Meta’s recently-launched Llama 2.
AI mentions skyrocket in major tech companies’ Q2 calls
As major tech companies race to develop and deploy high-level AI systems, mentions of the technology is skyrocketing in company calls.
Meta to launch AI chatbots with personalities to retain users: Report
As the Big Tech giant Meta focuses on retaining its users, it plans to launch several AI-powered chatbots with different personalities and functions.
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.
Meta Hopes to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains “fully committed” to the metaverse and AI.
Meta Q2 earnings: Reality Labs losses top $7.7B year to date
Meanwhile, Meta’s metaverse-building business has racked up around $21 billion in losses since the start of 2022.